Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

I WAS going to say you’d be setting yourself up for a large tax bill on that $200k, assuming investment.

It sounds like you’ve set a strong foundation for your real estate investing journey, especially with the time you’ve spent educating yourself.

Most of the private lenders we deal with don’t require appraisals, never set foot on any of the properties they finance for us and, best of all, often finance 100% of the purchase price and renovations.

Setting clear expectations can help you pretty much everywhere as well.

Or set prices manually occasionally?

The property is off grid, but already set up with solar and a compost toilet and things of that nature.

Both sets of beams have to be broken for the alarm to go off. 

Are you set on starting with a larger property, or would you be open to beginning with something smaller to build experience?

If you have the money set aside I would swallow the pill now.